Technology

Posted on September 4, 2019 by staff

Challenger bank Tandem bolsters AI with new appointment

Technology

UK challenger bank Tandem has announced the appointment of Noam Zeigerson as the firm’s chief data officer.

Zeigerson will oversee the Artificial Intelligence operations, data-driven business strategy and data governance, the firm said.

The London-based bank moved from Kings Cross to a 16,000 sq ft office in Russell Square in April, aiming to double its headcount to 230 people in 2019 and more than 300 in 2020.

Latest hire Zeigerson has over 18 years of experience in data and analytics, machine learning, data governance, predictive analytics, business intelligence and data monetization.

As proficient international executive and entrepreneur, Zeigerson yielded improved performance levels for clients in revenue, profit, customer loyalty, risk management and financial management, said Tandem.

Prior to Zeigerson latest role, he was executive VP of data and analytics at Bank Hapoalim, Israel’s largest bank.

There he built a Greenfield Data Lake, introduced over 30 open source technologies and launched the AI environment with more than 30 use cases a year.

He also served as global chief technologies officer for AI and big data at Ness Technologies and launched two successful startups in AI and analytics across North America and Europe.

“I am truly looking forward to working with Tandem, a next-generation digital bank that is built on data and driven by AI to revolutionise the banking experience for its customers,” said Zeigerson.

“AI has the power to transform personal banking, and Tandem is at the forefront of understanding its value. There is no one-size-fits-all in banking – every day we are training AI, harnessing the power across app features to give each user an experience that is tailored to their needs.”